Q4 & FY 2021 Financial Summary

Footnotes Altice France Holding S.A. holds 100% less one share of Altice France S.A., and Altice Luxembourg S.A. holds 100% of Altice France Holding S.A. and one share of Altice France S.A. The perimeter of consolidation for this presentation, SFR (the Altice France Holding Restricted Group), consists of Altice France Holding S.A., Altice France S.A. and its consolidated entities, excluding legal entities that have been declared as 'unrestricted subsidiaries', notably SportsCoTV S.A.S, the company that houses the Altice TV activity, as well as Altice Finco France S.A.S. Financials are shown pro forma for the Hivory transaction (Altice France announced it had entered into an exclusivity agreement to sell its 50.01% stake in Hivory to Cellnex on February 3, 2021; the transaction closed on October 28, 2021, following regulatory approvals). Financials exclude the newspaper Libération (following disposal on September 3, 2020) All pages Accrued Capex in Q4 2021 mainly excludes accruals related to the acquisition of a new IRU for an amount of €29 million €1.3 billion liquidity includes €1.2 billion of undrawn revolvers and €0.1 billion of cash. The €0.1 billion of cash is pro forma for the acquisition of Coriolis (upfront purchase price of €298 million upon expected completion in the first half of 2022 and deferred consideration of €117 million expected to be paid in several instalments by 2024). The acquisition of Coriolis is subject to the antitrust clearance by the French competition authority Pages 4, 6, 7 Pages 4, 8 Interest as shown includes Altice France Holding interest SFR capital structure and debt maturity refers to the Altice France Restricted Group, comprised of Altice France Holding (Unsecured) and Altice France (Secured) Leverage is shown on an L2QA basis and reflects the impact for the Hivory transaction and for the acquisition of Coriolis, including certain estimated synergies. SFR (Altice France Restricted Group) net debt is presented pro forma for the acquisition of Coriolis (upfront purchase price of €298 million upon expected completion in the first half of 2022 and deferred consideration of €117 million expected to be paid in several instalments by 2024). Adjusted EBITDA is presented pro forma for the Hivory transaction (€158 million on an LTM basis, €145 million on an L2QA basis) and is presented pro forma for the acquisition of Coriolis (€69 million on an LTM and L2QA basis), including certain estimated synergies, it being provided that the Coriolis acquisition is subject to the antitrust clearance by the French competition authority Altice France net debt excludes operating lease liabilities recognized under IFRS 16 and Altice France gross debt as shown is net of swaps Maturity profile and gross debt as shown excludes other debt, leases and overdraft (c.€68 million) Fibre subscriber base penetration includes FTTH, FTTB and 4G Box customers and excludes white-label wholesale customers. Fibre homes passed as referenced includes FTTH (XpFibre), FTTH (SFR, which includes FTTH owned by SFR and FTTB owned by SFR with third party FTTH solution), FTTB (SFR) and FTTH (leased) Organic growth excluding the contribution of construction activities, related to the construction of the XpFibre FTTH network. The decline in the construction contribution will be offset by the contribution of SFR's interest in XpFibre (Altice France owns a 50.01% interest in the XpFibre Joint Venture, which is consolidated using the equity method in the Financial Statements) Page 7, 19 Pages 7, 8, 19, 20, 21 Page 8 Pages 10, 11, 12 Page 16 22 22 SFR a altice

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